Transglobal Management Group, Inc. filed a Current Report on Form 8-K dated October 6, 2026, announcing amendments to its Articles of Incorporation. The filing indicates that the Company’s Board of Directors and the holder of a majority of the voting power approved an Amended and Restated Articles of Incorporation (the “Restatement”).
The Restatement includes two primary changes. First, the authorized number of Common Stock was increased from 20,000,000,000 shares to 40,000,000,000 shares. Second, the Company designated eight (8) of its 20,000,000 authorized shares of Preferred Stock as Series B Preferred Stock.
According to the filing, each share of the Series B Preferred Stock is convertible into one-half of one percent (0.5%) of the issued and outstanding Common Stock. This represents a maximum conversion rate of four percent (4%) in the aggregate, calculated immediately after giving effect to the conversion, under non-dilutive terms.
The Restatement is set to become effective upon filing with the Florida Department of State. The Company stated that this filing will occur no earlier than twenty (20) calendar days after mailing a definitive Information Statement on Schedule 14C to its shareholders.
Additionally, the filing reports that on October 6, 2026, the holder of a majority of the voting power of the Company’s capital stock approved the amendment and restatement of the Articles of Incorporation via written consent.
